$8,500,000 - 138 Centre Street, Vaughan
Detached for Sale in Vaughan
130 days on market- MLS Number
- N12512358
- Property Type
- Detached
- Status
- active
- Days on Site
- 130
- Bedrooms
- 9
- Bathrooms
- 10
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Vaughan
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
Architectural Splendour Beyond Compare! A rare opportunity to own this breathtaking modern estate, masterfully crafted with Indiana natural limestone and red brick, set behind iron gates on private manicured grounds. This magnificent residence exudes contemporary elegance and timeless luxury at every turn - an architectural triumph designed to impress the most discerning buyer.Boasting over 8,500 sq.ft. (per MPAC) plus a 4,000 sq.ft. finished lower level, this custom-built masterpiece offers soaring 10-ft ceilings on all 3 levels and a 30-ft cathedral central hall that makes an unforgettable statement of grandeur. With 6+3 bedrooms, 10 bathrooms, a main floor in-law suite, and a 5-car garage with circular drive, every inch has been crafted for comfort, sophistication, and functionality.Indulge in Heated floors throughout the kitchen + breakfast area, master ensuite, and entire lower level, LED designer lighting, and hickory hardwood floors accented with solid brass hardware. This residence blends architectural mastery with refined luxury - a truly one-of-a-kind offering that defines modern estate living at its absolute finest.
Estimate your monthly payments for this property
Estimated Payment
$37,598.37/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Vaughan
Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Vaughan
- •Convenient location in Vaughan
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
138 Centre Street, Vaughan
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1700/sqft, this property is priced above the Vaughan average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 130 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Vaughan are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 9 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Vaughan.
Bathroom Count Matters
With 10 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.